Hold ITC, says Anand Tandon

Anand Tandon, CEO, JRG Securities advises traders to hold ITC.

Tandon told CNBC-TV18, “One can continue to hold ITC for the simple reason that, it is one of the few Fast-moving consumer goods (FMCG) companies where you will continue to get earnings growth despite whether there is inflation or no inflation.”
On Jan 17, ITC closed at Rs 285.15, up Rs 1.50, or 0.53%. It has touched an intraday high of Rs 286.75 and an intraday low of Rs 281.50.
It trades 6.97% below its 52-week high and 41.72% above its 52-week low.
 
Market capitalisation stands at Rs 224,541.66 crore.